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Johnstone Company manufactures two products, Board 12 and Case 165. Johnstones overhead costs consist of setting up machines $1,600,000; machining $3,600.00; and inspecting; $1,200,000. Information
Johnstone Company manufactures two products, Board 12 and Case 165. Johnstones overhead costs consist of setting up machines $1,600,000; machining $3,600.00; and inspecting; $1,200,000. Information on the two products is
Board 12. Case 165
Direct Labor Hours. 15,000. 25,000
Machine setups. 600. 400
Machine hours. 24,000. 26,000
Inspections 800. 700
Overhead applied to Case 165 using traditional costing using direct labor hours is
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Retail Industry IRS Audit Technique Guide
Authors: Internal Revenue Service
1st Edition
1304114783, 978-1304114785
